After a hiatus of over two years in the sport, the UFC’s largest celebrity Conor McGregor is back in action, looking to reclaim his lightweight title from undefeated Khabib Nurmagomedov in UFC 229 in Las Vegas on October 6. The champ, Nurmagomedov, started as the betting favorite at -160 with the challenger, McGregor, coming back since the +120 underdog.
These two warriors have a lot of bad blood stemming from an altercation between Khabib and Conor’s friend and teammate Artem Lobov before UFC 223 at New York in April. The highly anticipated fight is official and sportsbooks such as BetOnline happen to be accepting wagers with this forthcoming bout.
How to bet McGregor vs Khabib
When it comes to gambling for the first time, the chances you most commonly hear are on the moneyline. The launching moneyline had Khabib as the -160 favorite, while McGregor came back as the +120 underdog. Basically, moneyline is a fancy word for who will win.
But what exactly does +120 and -160 mean? Well, for the minus-money, you would need to bet that much to make $100 so in the case of the scrap, you would wager $160 to make a profit of $100 for a total of $260. Betting on McGregor at +120 means that if you bet $100, you would profit an additional $120 for a total of $220. On a smaller scale, for every dollar you wager on McGregor, you could profit $1.20, whereas you would need to wager $1.60 to profit $1 if you bet on Khabib.
The cause of this can be oddsmakers give the advantage to Khabib to win and they would like you to wager more to get a smaller reward. On the other hand, if you bet on Conor, who oddsmakers think will shed, you can make more of a profit when he pulls off the upset.
So far this year when it has to do with underdogs vs favorites, the underdogs have won 36.1 percent of conflicts, with the largest upset by Paul Craig in +535 (for every dollar you wagered, you would have gained $5.35) over Magomed Akalaev.
With the opening chances of -160 for Khabib and +120 for Conor, sportsbooks anticipate a close struggle. For contrast, when Conor fought Floyd Mayweather Jr. in the past year’s superfight, the undefeated fighter opened at -800 together with the UFC star coming back in +500, which reveals a massive disparity plus a more lopsided view of this bout.
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